AMFI monthly flow · Dec 2025
Monthly mutual fund flows
Official investor money into and out of Indian mutual fund schemes, as published by AMFI. A separate dataset from the disclosed holdings on the rest of this site.
Net flow is funds mobilised less repurchase and redemption, as published. Assets under management move with market prices as well as with investor money, so an increase in assets is not evidence of an inflow. How this data works →
AUM change · Dec 2025
-56,991 Cr
All schemes, month-end to month-end
of which net flow
-66,591 Cr
Investor money, as AMFI publishes it
of which other than flow
+9,600 Cr
Market movement, distributions, other effects
Gross mobilisation · redemptions
14.66 lakh Cr
Redemptions 15.33 lakh Cr
By asset class
Open-ended schemes · canonical asset classes · ₹ crore
- Equity +28,054 Cr
- Debt -1.32 lakh Cr
- Hybrid +10,756 Cr
- Index funds & ETFs +26,577 Cr
- Overseas fund of funds +147 Cr
- Solution oriented +345 Cr
| Asset class | Gross | Redemptions | Net flow | 3-month | 6-month | 12-month | Streak |
|---|---|---|---|---|---|---|---|
| Equity | 68,983 | 40,929 | +28,054 | +82,655 | +189,210 | +350,152 | ▲ 58 |
| Debt | 1,300,870 | 1,433,281 | -132,410 | +1,855 | -1,301 | +119,679 | ▼ 2 |
| Hybrid | 46,910 | 36,154 | +10,756 | +38,211 | +83,782 | +156,642 | ▲ 9 |
| Index funds & ETFs | 48,163 | 21,587 | +26,577 | +57,620 | +94,714 | +159,338 | ▲ 62 |
| Overseas fund of funds | 830 | 683 | +147 | +1,156 | +2,815 | +2,597 | ▲ 8 |
| Solution oriented | 603 | 257 | +345 | +926 | +1,815 | +3,135 | ▲ 60 |
Passive is index funds and ETFs; overseas fund of funds is shown on its own. Streak counts consecutive months of inflow (▲) or outflow (▼).
Flow and asset history
Apr 2019 onward · 89 published months
Loading published flow history…
Largest category inflows
Dec 2025Scheme category₹ crore
- 01 Other ETFsPassive & other · prior month +9,721 +13,199
- 02 GOLD ETFPassive & other · prior month +3,742 +11,647
- 03 Flexi Cap FundEquity · prior month +8,135 +10,019
- 04 Multi Asset Allocation FundHybrid · prior month +5,315 +7,426
- 05 Mid Cap FundEquity · prior month +4,487 +4,176
- 06 Large & Mid Cap FundEquity · prior month +4,503 +4,094
Largest category outflows
Dec 2025Scheme category₹ crore
- 01 Liquid FundDebt · prior month -14,051 -47,308
- 02 Money Market FundDebt · prior month +11,104 -40,464
- 03 Ultra Short Duration FundDebt · prior month +8,361 -17,648
- 04 Low Duration FundDebt · prior month +4,981 -10,246
- 05 Corporate Bond FundDebt · prior month +1,525 -7,420
- 06 Short Duration FundDebt · prior month +2,106 -5,690
Ranked on AMFI net flow for the selected month. These are investor subscriptions less redemptions in a scheme category — not buying or selling of any company’s shares.
Open-ended scheme categories
Dec 2025 · every category AMFI published, in ₹ crore
| Category | Group | Net flow | Previous month | Change | 3-month | 12-month | Assets | Continuity |
|---|---|---|---|---|---|---|---|---|
| Other ETFs286 schemes · 23,969,652 folios | Passive & other | +13,199 | +9,721 | +3,479 | +29,102 | +88,941 | 966,504 | Since Apr 2019 |
| GOLD ETF25 schemes · 10,225,561 folios | Passive & other | +11,647 | +3,742 | +7,905 | +23,132 | +42,961 | 127,896 | Since Apr 2019 |
| Flexi Cap Fund44 schemes · 22,050,009 folios | Equity | +10,019 | +8,135 | +1,884 | +27,083 | +80,979 | 551,962 | Since Jan 2021 |
| Multi Asset Allocation Fund33 schemes · 4,249,832 folios | Hybrid | +7,426 | +5,315 | +2,111 | +18,085 | +47,057 | 164,731 | Since Jan 2021 |
| Mid Cap Fund31 schemes · 23,987,318 folios | Equity | +4,176 | +4,487 | -311 | +12,470 | +49,939 | 461,271 | Since Apr 2019 |
| Large & Mid Cap Fund33 schemes · 13,297,987 folios | Equity | +4,094 | +4,503 | -410 | +11,774 | +42,176 | 331,287 | Since Apr 2019 |
| Small Cap Fund33 schemes · 27,335,457 folios | Equity | +3,824 | +4,407 | -583 | +11,707 | +52,321 | 369,003 | Since Apr 2019 |
| Multi Cap Fund32 schemes · 11,173,881 folios | Equity | +2,255 | +2,463 | -208 | +7,218 | +35,145 | 223,102 | Since Apr 2019 |
| Index Funds352 schemes · 14,401,091 folios | Passive & other | +1,730 | +1,727 | +3.69 | +5,387 | +27,435 | 325,821 | Since Apr 2019 |
| Large Cap Fund33 schemes · 16,870,064 folios | Equity | +1,567 | +1,640 | -72.38 | +4,179 | +25,483 | 418,727 | Since Apr 2019 |
| Balanced Hybrid Fund/Aggressive Hybrid Fund31 schemes · 6,134,634 folios | Hybrid | +1,514 | +1,385 | +129 | +4,038 | +13,044 | 253,234 | Since Apr 2019 |
| Dynamic Asset Allocation/Balanced Advantage Fund35 schemes · 5,595,687 folios | Hybrid | +1,097 | +1,410 | -313 | +3,047 | +16,519 | 323,325 | Since Jan 2021 |
| Value Fund/Contra Fund25 schemes · 8,857,029 folios | Equity | +1,089 | +1,219 | -131 | +2,676 | +13,993 | 219,128 | Since Apr 2019 |
| Focused Fund28 schemes · 5,415,223 folios | Equity | +1,057 | +2,040 | -983 | +4,036 | +14,458 | 174,834 | Since Apr 2019 |
| Sectoral/Thematic Funds238 schemes · 31,747,483 folios | Equity | +946 | +1,865 | -919 | +4,177 | +38,145 | 537,667 | Since Apr 2019 |
| Floater Fund12 schemes · 198,710 folios | Debt | +722 | +91.88 | +631 | +552 | -3,120 | 52,217 | Since Apr 2019 |
| Equity Savings Fund25 schemes · 525,857 folios | Hybrid | +711 | +1,092 | -381 | +2,014 | +8,165 | 51,235 | Since Jan 2021 |
| Overnight Fund37 schemes · 728,222 folios | Debt | +254 | -37,625 | +37,879 | -13,320 | -942 | 79,368 | Since Apr 2019 |
| Childrens Fund12 schemes · 3,191,201 folios | Solution oriented | +224 | +214 | +10.68 | +595 | +1,927 | 25,626 | Since Apr 2019 |
| Fund of funds investing overseas52 schemes · 1,638,654 folios | Passive & other | +147 | +196 | -49.11 | +1,156 | +2,597 | 36,585 | Since Apr 2019 |
| Arbitrage Fund36 schemes · 741,825 folios | Hybrid | +126 | +4,192 | -4,066 | +11,238 | +72,318 | 278,128 | Since Apr 2019 |
| Retirement Fund29 schemes · 3,042,915 folios | Solution oriented | +121 | +106 | +14.61 | +331 | +1,208 | 32,829 | Since Apr 2019 |
| Gilt Fund with 10 year constant duration5 schemes · 37,606 folios | Debt | -103 | -44.20 | -58.88 | -172 | -307 | 4,877 | Since Apr 2019 |
| Conservative Hybrid Fund18 schemes · 575,909 folios | Hybrid | -118 | -94.47 | -23.93 | -211 | -461 | 29,769 | Since Apr 2019 |
| Credit Risk Fund14 schemes · 194,207 folios | Debt | -173 | -118 | -54.74 | -374 | -2,649 | 19,930 | Since Apr 2019 |
| Medium to Long Duration Fund13 schemes · 102,111 folios | Debt | -188 | -8.63 | -179 | -180 | -675 | 11,692 | Since Apr 2019 |
| Medium Duration Fund13 schemes · 240,819 folios | Debt | -229 | -13.63 | -216 | +147 | -819 | 26,252 | Since Apr 2019 |
| Dividend Yield Fund10 schemes · 1,185,004 folios | Equity | -254 | -278 | +23.42 | -711 | -457 | 32,863 | Since Apr 2019 |
| ELSS42 schemes · 16,556,812 folios | Equity | -718 | -570 | -148 | -1,954 | -2,030 | 252,700 | Since Apr 2019 |
| Gilt Fund23 schemes · 215,424 folios | Debt | -796 | -177 | -620 | -1,904 | -5,680 | 38,515 | Since Apr 2019 |
| Dynamic Bond Fund22 schemes · 232,827 folios | Debt | -843 | -607 | -237 | -1,682 | -1,490 | 36,108 | Since Apr 2019 |
| Banking and PSU Fund21 schemes · 239,818 folios | Debt | -976 | -852 | -124 | -1,616 | -4,906 | 79,417 | Since Apr 2019 |
| Long Duration Fund11 schemes · 85,438 folios | Debt | -1,303 | -366 | -937 | -2,612 | -3,408 | 17,608 | Since Apr 2019 |
| Short Duration Fund24 schemes · 561,636 folios | Debt | -5,690 | +2,106 | -7,795 | -814 | +13,724 | 136,601 | Since Apr 2019 |
| Corporate Bond Fund21 schemes · 580,979 folios | Debt | -7,420 | +1,525 | -8,945 | -772 | +21,380 | 207,006 | Since Apr 2019 |
| Low Duration Fund23 schemes · 851,239 folios | Debt | -10,246 | +4,981 | -15,227 | +2,251 | +23,339 | 147,064 | Since Apr 2019 |
| Ultra Short Duration Fund25 schemes · 766,379 folios | Debt | -17,648 | +8,361 | -26,009 | +5,779 | +13,469 | 131,827 | Since Apr 2019 |
| Money Market Fund26 schemes · 524,338 folios | Debt | -40,464 | +11,104 | -51,569 | -11,444 | +66,994 | 318,352 | Since Apr 2019 |
| Liquid Fund42 schemes · 2,435,865 folios | Debt | -47,308 | -14,051 | -33,257 | +28,016 | +4,770 | 503,143 | Since Apr 2019 |
Close-ended and interval schemes are published separately by AMFI and are not listed here; they are included in the industry totals above.
Flows and holdings, side by side
Dec 2025 · two separate datasets
Not attribution. Category flows and security-level holding changes are separate datasets and cannot be directly attributed without transaction-level evidence. Nothing below allocates flow to any company.
Equity category money
+28,054 Cr
AMFI net flow into equity-oriented open-ended schemes in Dec 2025.
Equity categories →Ownership broadened
AMCs holding- 01ICICI Bank Limited32 AMCs now hold it+5
- 02BSE Limited27 AMCs now hold it+5
- 03Tata Motors Passenger Vehicles Limited27 AMCs now hold it+5
- 04Reliance Industries Limited31 AMCs now hold it+4
- 05Gujarat Mineral Development Corporation Limited10 AMCs now hold it+4
- 06Ashok Leyland Limited22 AMCs now hold it+4
- 07Tata Power Company Limited25 AMCs now hold it+4
- 08ZF Commercial Vehicle Control Systems India Limited20 AMCs now hold it+4
Ownership narrowed
AMCs holding- 01HFCL LIMITED9 AMCs now hold it-7
- 02Cyient Limited14 AMCs now hold it-4
- 03InterGlobe Aviation Limited23 AMCs now hold it-4
- 04BOSCH HOME COMFORT INDIA LIMITED4 AMCs now hold it-4
- 05Canara Bank21 AMCs now hold it-3
- 06MM Forgings Limited1 AMCs now hold it-2
- 07SKF India (Industrial) Limited10 AMCs now hold it-2
- 08Rajesh Exports Ltd.1 AMCs now hold it-2
Ownership breadth is the number of asset managers whose disclosed portfolios held the company at month-end, compared with the previous month-end, excluding companies under corporate-action review. It counts holders; it is not money and it is not buying. Full holdings activity →
How to read these flows
Flow is not holdings activity. AMFI net flow is investor money entering or leaving a scheme category. The rest of this site describes shares that portfolios disclosed at consecutive month-ends. The two are sourced differently, answer different questions, and are never combined.
AMFI publishes these figures for the industry and for each SEBI scheme category. It does not publish flow by asset management company in this report, so none is shown. Category flow begins in April 2019, when the report adopted the SEBI categories; earlier months use a sponsor-group report with a different taxonomy and are not carried.
AMFI re-labelled the category tree in August 2026, splitting value from contra, sectoral from thematic, and index and exchange traded funds by asset class. A renamed category starts a new series rather than inheriting the history of the old name, which is why some rows show no previous month.
Full methodology →